Retirement plan

MOOR + SOUTH EMPLOYEES' 401(K) SAVINGS PLAN

Name: MOOR + SOUTH/PIER MANAGEMENT CO., L.P. - MOOR + SOUTH EMPLOYEES' 401(K) SAVINGS PLAN (2024) Form 5500
Creator: MOOR + SOUTH/PIER MANAGEMENT CO., L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MOOR + SOUTH EMPLOYEES' 401(K) SAVINGS PLAN, MOOR + SOUTH/PIER MANAGEMENT CO., L.P.

MOOR + SOUTH/PIER MANAGEMENT CO., L.P.EIN 94-3288680Plan #001PY 2024

EMBARCADERO AT BEACH STREET STAIRWE - SAN FRANCISCO, CA 94133415-705-5531LinkedIn501-1000 employeesreal estate

Prospect flagsHigh feesLow employer contributionFailed to transmit contributions

Top hat statement on fileNQDC

Filed November 13, 2023

Plan administrator

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Beach & Embarcadero, Stairway 2 Level 3

San Francisco, CA 94133

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Plans declared (1)

Moor + South Nonqualified Deferred Compensation Plan14 emp

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Total assets (EOY)

$31.1M

+16.4% from 2023

Total participants

332

+14.9% from 2023

Average account balance

$109,247

+8.6% from 2023

Annual return

15.89%

-3.01 pp from 2023

Benchmarks

See 665 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort665 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$31.14M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$109K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

285

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

81.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.89%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$310

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$47,456
CONCURRENT INVESTMENT ADVISORS LLC2 years Service code 27 100 SOUTH ASHLEY DR · TAMPA, FL 33602	Advisory (Plan)	$30,000
MOOR+SOUTH/PIER MANAGEMENT CO LP4 years Service code 99 PO BOX 193730 · SAN FRANCISCO, CA 94119	Other Fees	$11,000

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3B3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$88K

$351 / participant

Recordkeeping$47K53.6%
Investment mgmt$30K33.9%
Other / not subdivided$11K12.4%

% of EOY assets

0.284%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,247

$62,688+74.3%

$178,528-38.8%

$77,714+40.6%

Participation rate

81.3%

66.9%+14.5pp

77.1%+4.2pp

70.6%+10.8pp

Annual return

15.89%

16.16%-0.3pp

27.11%-11.2pp

31.26%-15.4pp

Employer contribution / active EE

$1,912-100.0%

$3,950-100.0%

$2,727-100.0%

Participant deferral / active EE

$4,649

$4,224+10.1%

$6,278-25.9%

$4,6490%

Admin fee / account holder

$310

$386-19.6%

$10,419-97.0%

$433-28.4%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$47,456

CONCURRENT INVESTMENT ADVISORS LLC2 years

Service code 27

100 SOUTH ASHLEY DR · TAMPA, FL 33602

Advisory (Plan)

$30,000

MOOR+SOUTH/PIER MANAGEMENT CO LP4 years

Service code 99

PO BOX 193730 · SAN FRANCISCO, CA 94119

Other Fees

$11,000

MOOR + SOUTH EMPLOYEES' 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MOOR + SOUTH EMPLOYEES' 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion